The Following Data Represent the Demand (Y) of an Item

question 50

Short Answer

The following data represent the demand (Y) of an item at a local shop and their price (X).
Use the data to determine the simple regression equation of price on demand if the correlation coefficient between x and y is -0.92.

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Definitions:

Violent Movie

A film genre characterized by depictions of physical aggression, harm, or force against others.

Scientific Approach

A method of inquiry based on empirical evidence, experimentation, and systematic observation to investigate phenomena.

Operational Definitions

Precise statements of the procedures and methods used to define research variables, ensuring clarity and replicability in scientific studies.

Clarity

The quality of being easily understood, free from ambiguity or obscurity.